Newsagents for sale in West London

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £99,000 Price Reduced Weekly Turnover: £6,000
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Business Description

This business has been in the same hands for the past 14 years & operates on a 5 day week basis opening Monday - Friday inclusive 6 a.m. - 6 p.m. & closed all day Saturday & Sunday. In our opinion there is terrific potential for additional opening hours, if desired.

DOUBLE FRONTED COMPACT SALES SHOP in the region of 250 sq. ft. with counter, electronic cash register, upright glass fronted fridge (owned), 1 double door glass fronted display fridge (on loan from Coca Cola), 1m open cool display unit (used for wines & beers), ice cream deep freezer (owned).

Storage area
Staff w.c. & wash hand basin

Large basement (can be used for stock purposes, if desired)

WE ARE INFORMED the turnover averages £6,000/£6,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. We are further advised that the gross profit is in the region of 28%/30% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £60 p.w. The business also has Oyster which we understand provides a commission of approximately £90 p.w.

Tenure: Leasehold

Listed by: Nationwide Businesses Ltd

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